Phil Keoghan taking reality TV into open water

Signs on as host, co-producer of racing yacht series

Phil Keoghan has agreed to host a different sort of "Amazing Race."

The reality veteran will host and co-produce a new reality venture that's about to be shopped to U.S. networks.

Exodus Film Group has secured North American rights to an upcoming series based on the Velux 5 Oceans race, where skippers risk their lives to sail around the world on racing yachts. The race spans nine months.

"Extreme adventure sports have been captured many times, but what makes this race so unique is the world's best sailors will take on the unforgiving oceans alone," Keoghan said. "This is a fantastic opportunity to share a physical and mental challenge that will test competitors beyond what seems humanly possible and at the same time highlight the planet's awe inspiring oceans."